Settings8H · net · $10k
Funding arb · Price arb /

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Variational Omni−0.372%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.372%, 7d avg −0.062%
Together, before fees+0.175%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.310% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.372% now, against its 7-day average of −0.062%). If the spread goes back, that is −$31 on $10k: about 18 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.014% in total) that is about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NIL0.067690.0100pay 0.0050% / 4h2h 10m$50K$149K
ShortBloFin NIL-USDT0.067440.0157get 0.0078% / 4h2h 10m$355K$159K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.93
Price spread: −0.372% → −0.062%
−$30.98
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$31.05
Costs to cover
0.120%
Break-even
25.2 days
Slippage unknown: Variational Omni: RFQ quote, 13 min ago; BloFin: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 13 min ago8.09 bpdoesn't fit172.9 bp −$1,729doesn't fitdoesn't fit
Sell BloFin live order book, 9 min ago5.18 bp24.7 bp −$2586.6 bp −$866doesn't fitdoesn't fit

NIL on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NILUSDT+0.0100%4h0.06713−0.826%$20K$370K5xas long as short
Binance NILUSDT+0.0100%4h0.06719−0.746%$5.3M$83.8M50xas long as short
Bybit NILUSDT+0.0100%4h0.06730−0.579%$3.5M$14.5M20xas long as short
Gate NIL_USDT+0.0100%4h0.06704−0.963%$431K$2.1M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06719−0.742%$2.3M$6.0M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06706−0.934%$473K$717K30xas long as short
Bitget NILUSDT+0.0100%4h0.06721−0.712%$1.7M$9.4M50xas long as short
BingX NIL-USDT+0.0100%4h0.06716−0.786%$8.6Mas long as short
Variational Omni NILlong+0.0100%4h0.06769long leg$50K$149K
Extended NIL-USD+0.0104%1h0.06712−0.843%$16K$94K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDTshort+0.0157%4h0.06744−0.372%$355K$159K50x
Hyperliquid NIL+0.1534%1h0.06726−0.635%$4.0M$4.6M3xas long as short